BlackRock fourth-quarter profit jumps 20% By Reuters

January 14, 2021 admin Stock News 0

© Reuters.

(Reuters) – BlackRock Inc (NYSE:), the world’s largest asset manager, on Thursday reported a stronger quarterly profit, as increased volatility in financial markets resulted in higher capital inflows.

The company’s net income rose to $1.57 billion, or $10.18 per share, in the quarter ended Dec. 31, from $1.31 billion, or $8.34 per share, last year.

Analysts on average had expected net income of $9.14 per share. It was not immediately clear if the figures were comparable.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*